CDU - Cudeco Limited

[ParleVouFrancois]

I for one admire the balls of steel that was required to buy after such a big fall in price. I must say I had a look at the companies fundamentals a few times at sub 2 dollars but I couldn't really decisively decide one way or another as to where CDU is going. You're always told to never catch a falling knife, and buying at around $1.70 is doing just that, so I admire going against conventional wisdom to buy at a time such as that.

Good stuff to the people who held on, shows you that sometimes the company can come back, and hopefully we'll have less people investing their entire life savings into a single company (read a few threads on HC, horrible stuff and I have no idea how bad it would've felt to watch half/two thirds of your life savings go up in smoke). Luckily CDU is back and firing again, good luck to the holders, CDU will always be one of those companies I've had a close look at but can't decide to buy for some reason or another.

PVF.

 

[Nero64]

This stock has been in a trading halt for several weeks.

The company requests a voluntary suspension of the trading of its shares.

The company is in the final stages of completing a placement to a number of investors and believes it is prudent to suspend the trading of its shares until the terms of the deal can be disclosed to the market

Surely it doesn't take this long. I say get on with it.

 

[turboprop]

CUDECO / DIVIDENDS

i rarely post and may be posting in the wrong area ,, i have also started the same thread in another area long term holds ? however i think it remiss of me not to bring this little champ to the forums attention ,,
CUDECO ASX:CDU

well cdu finally has its mining licence . also is doing a rail spur in cloncurry that will facilitate larger movement of ores in qld and from the nth territory . it also has a port facility in townsville .. they also have there own mining fleet , all infrastructure /mine fleet bought at a great discount . the jorc code only enabled cdu to come out with a 1.7 cueq,, however it is envisaged this will more than double with the addition of native copper .at lasmin etc ... wilgar /and the south west corner are looking like the next stand out on this 20sq tenement ,which seems to be completely minerolised with 1 metal or another and at high grades .. the ceo will be doing road shows in asia and australia . the rise in share price in the last week IMHO is due to many finally realiseing cdu hasthe good . with less than 200m shares and a very tight register .there are pressently 2 m shares shorted , which IMHO with so much news due is a big mistake and a catalyst for old highs to be reached once again but this time sustained , wilgar for instance looks to be widening with massive gold silver tellurides .. there are also extensions at depth to lasmin.. ..... rainden / solburyhill and fairfield also continue to extend . there are many anomalies on or near surface and at depth , to the bottom of the south west corner for instance there is a new anomaly that seems to be 1.5klm long and 200mtr wide registering 1.4cu and also tellurides this area IMHO may be like wilgar , the tenement has 2 distinctive and different areas of geology ;;; eg,, anomalies ...lasmin /rainden .solburyhill. fairfield to mention a few ...and the other being wilgar / and the sth west corner . this is a very exciting time for cdu imho and it is being reflected in the share price atm . with there minimal share issue and tight register .and a very low strip ratio due to much of the deposit starting on or near surface ..

 

[tech/a]

Re: CUDECO / DIVIDENDS

Nice and strong technically.
Like it

Click to expand

.

 

[pilots]

They DON'T have a port or a rail line, they ONLY have a MOU on it.
Yes they will have a mine, but just look how small it is. Now if this was going to be any good at all you would see Australian investors climbing all over it, they don't want a bar of it, you tell me WHY.

 

[turboprop]

pilots put up or sht up need i say more ? mr perth

port th own it , they gazumped bhp .bh wantsit back and failed .. re rail cloncurry council love cdu pure and smple ......re mine ... now consideriing the jorc does not take into consideration much of the nativecopper i would assume over 3% easily attainable ,this is a large area and at depth . also take into consideratin 30 other target most very reasonable assays .. also wilgar ?? yes itafoot ball feildbut its extending and with grades they are getting is big anyway .. swcorner also has tellurides / copper etc etc etc ,, atm cdu look likebringing n board a massive investe fom china .16dec ... wayno doing a road show in australia jan feb next yr , sadly imho to late for aussie instos ... now somone seriously buyin this last week with cdu closing on the high of the day twice , i can see the $10 high attainable in the not to distant future . sealed road 1/2 payed for by cloncurrycounil go figure lol.... ,,pilots do some research on cdu a company that willl have a strip ratio about 4 : 1 ,,, sound some what proffitable ? sfr strip ration ?? about 70:1 not so profitable lol

 

[turboprop]

Re: CUDECO / DIVIDENDS

i surely have to agree there are not many chartts so inticing .the weekly looks great .and i can see all time highs easily attainable in the not to distant future . the road show will reveal all jan / feb ... large players possitioning atm with new ones to join the party soon ,more results will also be forthcoming at regular intervilles , the port and rail should be operational roughly august .. i know i would not like to be short atm and there is a substantial short possition at present , just like when it ran to $10 .. however this time cdu has the mine lease and much much more .. watch for the nw invester comig on board : re dividends with astrip ratio around 4:1 and a resource starting from surface these will be a certainty

 

[pilots]

David you talk about charts, look at CDUs, EVERY time it gos up, it comes DOWN, this time will be no different, what have they found this time, Diamonds,LOL.LOL.
This is CAZ,CVI,GDN, all over again, it is the same ramp team.

 

[turboprop]

pilots i do not know whom you refer to ,however it seems you are using the same tactic as on that other forum which inmo adds nothing to the discussion imho talk T/a . or known asx anouncement news ,, not drinbble which lowers aussiestock name , the cdu chart atm looks excellent imho

 

[prawn_86]

the cdu chart atm looks excellent imho

If this is the case then i suggest you post the chart and tell us what exactly looks so good about it. We have many skilled technical analysts here that would love to see the chart and comment on it.

If you need help on how to post a chart you can get it here:
https://www.aussiestockforums.com/forums/forumdisplay.php?f=21

Any further posts mentioning the chart, without a recent one shown (or quoting posts conatining one) will be removed as per ASF policy

 

[turboprop]

Re: CUDECO / DIVIDENDS

CDU NOW HAVE (1) MINING LICENCE . (2) ALL FUNDING DONE (3) FUNDS BUYING ON MARKET (4) A ROAD SHOW IN ASIA AND AUSTRALIA SOON ( 5) EXCELLENT RESEOURCE AND GETTING BIGGER (6)CLOSE TO INFRASTRUCTURE (7) BACKING BY TWONSVILLE ANCLONCURRY COUNCILS AND ALSO THE QLD GOVT (8) MINIG FLEET ACQUIRED (9) PLANT PAID FOR AND BEING BUILT .IMHO ONE OR TWO VALID REASONS FOR A RISE (10) LARGE SHORT POSSITION BEING SQUEEZED ATM (11) on or near suface deposit with multiple anomalies (12) low strip ratio roughly 4;1 , hence dividends easily acheiveable anbeing on surface expected year 1

 

[pilots]

Re: CUDECO / DIVIDENDS

CDU NOW HAVE (1) MINING LICENCE . (2) ALL FUNDING DONE (3) FUNDS BUYING ON MARKET (4) A ROAD SHOW IN ASIA AND AUSTRALIA SOON ( 5) EXCELLENT RESEOURCE AND GETTING BIGGER (6)CLOSE TO INFRASTRUCTURE (7) BACKING BY TWONSVILLE ANCLONCURRY COUNCILS AND ALSO THE QLD GOVT (8) MINIG FLEET ACQUIRED (9) PLANT PAID FOR AND BEING BUILT .IMHO ONE OR TWO VALID REASONS FOR A RISE (10) LARGE SHORT POSSITION BEING SQUEEZED ATM (11) on or near suface deposit with multiple anomalies (12) low strip ratio roughly 4;1 , hence dividends easily acheiveable anbeing on surface expected year 1

Mr Bond, 1 CDU do NOT have all the funding need to mine. FACT MORE IS NEEDED.
2 Excellent resource, joke, as big as a football field, what about a BFS/DFS.
3 Infrastructure WHAT INFRASTRUCTURE???????????
4 Mining fleet, LOL.LOL.LOL.LOL.LOL.LOL.LOL.
5 Plant WHAT PLANT?????????????????
6 Why is it that no Australian company wants a Bar of CDU???????

 

[turboprop]

Re: CUDECO / DIVIDENDS

pilots your post has no facts o substance i would suggest you look at asx a nouncements .instead of misleading the foum .
(1)1 lasmin etc ,the initial mine --- is quite large and due to jorc code understated but still able to pay for itsself .this is the reason cdu has been able to raise many $millions . the footballfield is wilgar . and dont forget many other anomalies of which anyone would be a company maker..
(2) close to rail .close to main rd . plant paid for and being built. rail spur / and port facility to be online roughly august (bhp not happy )
(3) mine fleet prepped and ready to go ,, just have a sqizz on the cdu website ,,and bought at gfc prices

(4) sino steel building the plamt atm read the asx

(5) australian road show will commence after the asian road show ,,,



re the plant cdu did not just do lab tests for plant design but did mass tonnage tests ,,, any opinion pilots ??? go on say it ...dont be shy

 

[pilots]

Tell us about the mass tonnage tests, what was the result of them, they was hand picked so they should have been good. You are going to have a port and rail on line AUGUST,are you for real.

 

[turboprop]

bulk tests were to determine the best process plant aplication ,,, mostcompanies do lab tests build a plant then spend $100m to fix problems after the fact ,, cdu by beng is pro active and doing a large test has the best out know already .. re port / rail . pilots dont sress its all beingtaken care of ,, i would suggest a weee bit more factual research on your part

 

[turboprop]

WILGAR RECOVERIES

It may be noted that wilgar is being tested for recoveries ,if they are anything like the lasmin area tests these will be extensive and done to a high degree of proffessionalism .much like the bulk tests and EIS . interestingly cdu is ow in another trading halt re financing ,interestingly the short possition has increased to over 2mil ,,

 

[pilots]

Tell me why NO Australia investor wants any of this stock?????? what is it they don't like about this company. This will NEVER fly until we see the BFS and the DFS, WHY won't they give us them???.

 

[turboprop]

pilots i think the queston should be !!!!why is it that cdu CAN RAISE MONIES across the board even in bad times and at good rates without a dfs or bfs the chinese did the due dilligence . m&g were at the mine yet again and now buy more .. another question might be what will wm use the money for ? you see he is 1 of the most canny ceos i have ever come across ,, cdu gazzumped bhp out of the port gotta love cdu .. .

 

[turboprop]

pilots also take into the equation of a 4:1 strip ratio , and all the other discoveries unwinding . why spend $10m or $15m when there is no need

 

[pilots]

You are so right, still no Australian investors, I bet the mums and Dads that bought $6+ just love to see all the new shares coming on line at $4.